Judgement

The Tribunal agreed with the contentions of the assessee, observing that the Provisions of Section 151A, which deal with faceless assessment, were notified from 29.03.2022 and the assessee's case was assumed earlier.

ITAT Quashes Faceless Assessment Proceedings Over Lack of Jurisdiction by NFAC

News

Reliance Industries postponed the IPO of Jio Platforms from March to May 2026, in which better and clearer information was given to investors by including the figures of the entire financial year.

Reliance Reschedules Jio IPO Plan Amid Market Fluctuations; Preparation for Filing in May 2026

The ITAT remanded the case after holding that the AO wrongly relied on website-based property rates without considering the DVO’s report.

ITAT Sets Aside Order Over AO's Reliance on Website-Based Property Rates

Press Release

CGST Delhi South uncovered an Rs 8 crore fake ITC fraud. The company claimed credit without actual supply, passed it on, and its director was arrested and sent to judicial custody.

Delhi CGST Arrests Company Director Over Fraudulent GST Credit Claims Exceeding Rs 8 Crore

The ITAT held that cash deposits cannot be treated as unexplained merely because they were made in a bank account linked to an old PAN.

Cash Deposits Cannot Be Treated as Unexplained Merely Due to Use of Old PAN: ITAT

The Ministry of Corporate Affairs (MCA) is revamping its filing system to make company compliance simpler and more efficient and is inviting public feedback by May 15, 2026.

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ITAT Quashes Faceless Assessment Proceedings Over Lack of Jurisdiction by NFAC

Reliance Reschedules Jio IPO Plan Amid Market Fluctuations; Preparation for Filing in May 2026

ITAT Sets Aside Order Over AO's Reliance on Website-Based Property Rates

Delhi CGST Arrests Company Director Over Fraudulent GST Credit Claims Exceeding Rs 8 Crore

Cash Deposits Cannot Be Treated as Unexplained Merely Due to Use of Old PAN: ITAT

MCA Proposes Major Overhaul of Filing System; Invites Feedback from Stakeholders till May 15